Apple will be releasing their Q3 2014 financial results later today. Following the release of the results, expected around 4:30 PM ET, there will be a conference call, where we expect to hear from CEO Tim Cook and newly-appointed CFO Luca Maestri. The call will take place at 5:00 PM ET/ 2:00 PM PT, and will be broadcast on the web for from Apple's investor website.
It might be October, but Apple CEO Tim Cook is looking firmly ahead to the impending holiday season. And so, what message, what words of wisdom does the CEO of one of the world's richest companies say when looking forwards to Christmas?
For Apple's fourth quarter for its fiscal year 2013, Mac sales were down year over year, but Apple CFO Peter Oppenheimer says that the Mac is still doing better than - and gaining marketshare against - the PC. Mac sales saw a 7 percent drop year over year, but market research firm IDC reports that the PC market overall saw a 10 percent decline.
An important part of the Apple shopping experience is the retail stores, and during today's Q4 2013 earnings call Apple CFO Peter Oppenheimer elaborated on how well the stores have been doing this quarter:
It's earnings day for Apple, and beyond just numbers it's also one of only a handful of days in the year we get to hear from such dignitaries as CEO Tim Cook and CFO Peter Oppenheimer. During the earnings conference call, Oppenheimer specifically referenced Apple's performance in the emerging markets, describing "pleasing growth."
Russia has been in the headlines recently, more specifically their carriers dropping the iPhone. On today's Q3 2013 earnings conference call, Apple CEO Tim Cook had a little to say about the story, with a little less of a doom and gloom angle on things. In short, Apple is doing just fine with iPhone sales there, reporting record figures for the quarter just gone.
Part of the Apple Q3 2013 earnings call was dedicated to the Retail Stores, and on the whole it turned out pretty well for the quarter. Retail Stores saw strong growth in sales throughout, and saw their most successful MacBook Air launch to date thanks to the new Haswell machines unveiled at WWDC. The key figures:
Today is earnings day, as later on Apple will be releasing full details of their fiscal Q3 2013 financial results. As ever, accompanying the results will be a conference call where we expect to hear from CEO Tim Cook and CFO Peter Oppenheimer. The call will be broadcast live on the web for iOS, Windows and Mac users to listen in to, but iMore will of course be providing full coverage throughout.
Apple's next earnings call will be held on Tuesday July 23, at 5PM ET/2PM PT following the Q3 2013 earnings release that day. Typically on these types of calls, we'll be treated to a series of prepared statements by CEO Tim Cook and CFO Peter Oppenheimer, and it's always good to hear Tim Cook speak.